Utah guide
Utah Buyer Broker Agreement Requirements Post-NAR Settlement
In Utah, you'll sign a written buyer broker agreement with your agent before they take you on any home tours.
TL;DR
In Utah, you'll sign a written buyer broker agreement with your agent before they take you on any home tours. The agreement has to spell out exactly how your agent gets paid — a flat fee, hourly rate, or percentage — not vague phrases like 'whatever the seller offers.' If the seller's side covers that amount, you usually don't owe extra; if it falls short, you'd cover the difference.
Before you start — 8 things to know
Before your Utah agent takes you to see any home in person, you'll sign a written buyer broker agreement. This rule kicked in August 17, 2024 after the settlement and applies to agents on Utah's systems, including the Wasatch Front Regional MLS.
The agreement has to state exactly what your agent will be paid — either a specific dollar amount or a clear formula like a percentage of the price. Phrases like 'market rate' or 'whatever the seller offers' aren't allowed anymore.
Pay can be structured as a flat fee, an hourly rate, a percentage of the purchase price, or a mix of those. You and your agent negotiate this together before you sign, so ask questions until the math makes sense.
If the seller (or their agent) offers to pay your agent an amount that meets or beats what your agreement says, you don't owe anything extra out of pocket. If it falls short, you'd cover the gap, so know that number going in.
The Utah Division of Real Estate publishes an approved Buyer Broker Service Agreement form that agents commonly use. Asking to see the Division's form is a fair way to check that the version you're handed is the standard one.
The agreement also defines how long it lasts, which geographic area it covers, and what your agent will actually do for you. Read those parts carefully — a 12-month statewide exclusive is very different from a one-weekend tour agreement.
Separately, Utah Code §61-2f-307 requires your agent to give you an Agency Disclosure Notice at or before your first serious conversation about buying. That's a different document from the buyer broker agreement — you should see both early on.
You can negotiate the terms before signing — the compensation amount, the length, and the area covered are all on the table. If an agent refuses to discuss those, that's a signal to talk to someone else.
The timeline — step by step
First substantive contact with a Utah agent: the agent gives you the Agency Disclosure Notice required by Utah Code §61-2f-307, which explains who they represent.
Before any in-person home tours: the agent presents the written buyer broker agreement, including the specific compensation amount or formula they'll be paid.
Negotiate and sign: you review the pay amount, the length of the agreement, the area it covers, and what the agent will do, then sign once you're comfortable.
Home tours begin: with the signed buyer broker agreement on file, your agent can now take you to view properties on the or elsewhere.
Making an offer: your agent checks what the seller's side is offering to pay buyer agents and compares it to the number in your agreement.
Closing: if the seller's offered compensation matches or exceeds your agreement amount, you owe no extra; if it falls short, the difference is built into the deal so you know the total cost.
Common questions
Why does my Utah agent want me to sign a contract before showing me homes?
Do I have to pay my agent out of my own pocket now?
Can the agreement just say 'whatever the seller offers'?
Can I negotiate what's in the buyer broker agreement?
What is the Agency Disclosure Notice my agent gave me, and is it the same as the buyer broker agreement?
Where can I see the standard Utah buyer broker form?
Glossary
2 terms
- NAR — National Association of Realtors
- The national trade group for real-estate agents. The 2024 NAR settlement is the legal deal that changed how buyer's agents get paid.
- MLS — Multiple Listing Service
- The shared database agents use to list and find homes for sale. Most homes you'll see online started here.
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